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Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

Energy Oil & Gas Integrated
Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading; offshore oil production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.


TSX:SU - Post by User

Suncor Energy Inc > I wonder if CNQ could take over SU
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Comment by mrbbon Jan 18, 2022 6:48am
136 Views
Post# 34327333

RE:RE:RE:RE:RE:I wonder if CNQ could take over SU

RE:RE:RE:RE:RE:I wonder if CNQ could take over SU

i'll take more capital gain over an one time special dividend, namely less tax.

Special tax rewards short term holders, they'll exit SU when they got the prize. Captial gain reward loyal investors. 

w8asec wrote: YES - A one time special Divy is allowed/possible, and would be a great move on the BOD's part.

...and this would be ideal timing coinciding with year end... that way it's a one time payment and not  an increase affecting the future payouts which are already high enough at 4.65%.

Shorts hate that move.

 

jx7000 wrote:
alvarez2 wrote: ..........My speculation is that at current oil prices, a solid earnings report in Feb and announcement that they will be increasing the dividend..............this stock should fly.

Agreed. It'd be nice to see a divy increase or maybe a one-time special div payout, if that's at all possible?
 




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